Morgan Stanley analyst Adam Jonas reiterated his rating on SpaceX's incremental holdings with a target price of $300. Jonas believes that investors have overlooked SpaceX's biggest potential growth engine — the distributed inference cloud. This network allows billions of AI agents and robots to share computing power. He anticipates that distributed AI and intelligent robot clusters will become an important investment theme in the coming year.

Zhitongcaijing · 3d ago
Morgan Stanley analyst Adam Jonas reiterated his rating on SpaceX's incremental holdings with a target price of $300. Jonas believes that investors have overlooked SpaceX's biggest potential growth engine — the distributed inference cloud. This network allows billions of AI agents and robots to share computing power. He anticipates that distributed AI and intelligent robot clusters will become an important investment theme in the coming year.